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Benzinga
Benzinga
Business
Shomik Sen Bhattacharjee

Trump White House Accuses China of 'Great Transshipment Scam,' Says Tariff Evasion Costs US Up to $26 Billion a Year

Donald Trump United States White House China Peter Navarro Washington D.C. the White House Vietnam
China US

The Trump White House accused China on Thursday of using third countries to disguise the origin of exports and evade U.S. tariffs, estimating the practice costs Washington $19 billion to $26 billion in tariff revenue annually.

White House Maps Global Tariff Evasion Network

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